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Friday, December 28, 2018

mo4ch:>Experts call bitcoin worst investment of 2018 | Mo4ch News

The most profitable investment this year was palladium, according to experts from FinExpertiza consulting. Meanwhile, the world’s most popular cryptocurrency bitcoin was named the most disastrous investment of 2018.

FinExpertiza’s research involved 14 investment instruments and 300,000 rubles ($4,330) as the basis sum, according to Rossiyskaya Gazeta.

The study found that bitcoin investors would have lost more than 213,000 rubles ($3,000) or 71.2 percent of the investment this year.

The most profitable investment of the outgoing year, according to FinExpertiza analysis, was palladium. The price of the precious metal has been hitting record highs lately, making it the best performer among major metals. With the 300,000 rubles invested, purchasers would have increased their capital by 30,000 rubles ($433), or 10.2 percent, by the end of the year.

“And if we look in retrospect, for example of two years, we will see that palladium, in general, has become the only metal with a positive return,” Nina Kozlova, general director of FinExpertiza, was cited as saying by the newspaper.

Experts call bitcoin worst investment of 2018

Experts call bitcoin worst investment of 2018

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